Homebase

Homebase YC Application

Winter 2021Active

Homebase went through Y Combinator in the Winter 2021 batch as a Real Estate and Construction company. Below: what the company does, who founded it, and its application to YC, reconstructed question by question in the real YC form.

YC batch
Winter 2021
Industry
Real Estate and ConstructionHousing and Real Estate
Team size
20
Status
Active
Launched
2021

Founders

  • Jun Yuan Tan
    Jun Yuan TanFounder

What Homebase does

Homebase provides Rent-To-Own real estate financing for buyers in Southeast Asia - the only alternative to inflexible/high-interest rate (12%+) mortgages in the region. We strive to provide more innovative, compelling, and empathetic solutions for those who aspire to own a home. Homebase was founded in 2019 in Singapore and is backed by Y Combinator, VinaCapital Ventures, Class 5 Global, Pegasus Technology Ventures, 1982 Ventures, Iterative VC and Antler, as well as the founders and executives at disruptive real estate financing companies including Opendoor, Zerodown, 99.co and Divvy Homes.

Homebase's YC application, reconstructed

Y Combinator application

Homebase, Winter 2021 batch. The real form questions, answered from public data.

  1. Founders2
  2. Company7
  3. Progress7
  4. Idea4
  5. Equity3
  6. Curious2
  7. Batch Preference1

Company

Company name

Homebase

Describe what your company does in 50 characters or less.

Rent-to-own real estate financing in SEA

What is your company going to make? Please describe your product and what it does or will do.

We built a rent-to-own real estate financing platform targeting buyers in Southeast Asia. Our product offers an alternative to the region's typical high-interest mortgages by allowing users to progressively pay towards ownership without the rigid terms or rates over 12%. It's technology-driven but designed to address the real struggles of homebuyers locked out by traditional mortgage options.

Where do you live now, and where would the company be based after YC?

We live in Ho Chi Minh City, Vietnam, and plan to base the company there after YC as well.

Explain your decision regarding location.

Ho Chi Minh City is a key market for our product given large demand for alternative home financing and the lack of existing options. Being onsite lets us understand user pain points and navigate local regulations directly.

21 more answers in the full application

Founders, Progress, Idea, Equity, Curious, Batch Preference are in the full version. Create a free account to open it in YC Insights, next to every other YC batch.

Frequently Asked Questions

Is this the real Homebase YC application?

No. Y Combinator keeps submitted applications private. This is a reconstruction: the real YC form questions, answered from Homebase's public data (launch notes, founder backgrounds, product description). It shows how a company like Homebase would present itself to YC, not the text they submitted.

What YC batch was Homebase in?

Homebase was part of the Y Combinator Winter 2021 batch.

Who founded Homebase?

Homebase was founded by Jun Yuan Tan.

What does Homebase do?

Personalized rent-to-own real estate financing using technology in SEA

How do I read the full reconstructed application?

Create a free Round Funded account. The full 26-answer version of Homebase's application, and every other YC batch, is in YC Insights.

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